Deep Industries in trouble-I: Move to blacklist company

Jun 07: Deep Industries Ltd calls itself a leader in the gas dehydration business. It has a big chunk of this business from ONGC.8But the company is now facing very serious allegations of misdemeanors in a set of ONGC contracts8Highly placed sources said that there is a move now to blacklist the company if further investigations find the misdemeanors to be true.8But the company is lobbying very hard, and it has been able to elicit the support of a few key directors in fighting the move by the rest of the company to blacklist it.Click on Details for more